Pacific island small states vs Venezuela, Bolivarian Republic of: External balance on goods and services
External balance on goods and services over time
- Pacific island small states
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 4.8% against -23.2% in Pacific island small states, a difference of 28.0%.
Across all 45 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.
Pacific island small states ranks 44th and Venezuela, Bolivarian Republic of ranks 43rd of 44 groups.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Pacific island small states | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -17.2% | 3.7% | 21.0% | Venezuela, Bolivarian Republic of |
| 1990s | -16.5% | 1.9% | 18.3% | Venezuela, Bolivarian Republic of |
| 2000s | -19.4% | 0.0% | 19.4% | Venezuela, Bolivarian Republic of |
| 2010s | -15.5% | 16.2% | 31.7% | Venezuela, Bolivarian Republic of |
| 2020s | -26.1% | 4.3% | 30.4% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Pacific island small states or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 4.8% against -23.2% in Pacific island small states as of 2025.
- What is the difference in external balance on goods and services between Pacific island small states and Venezuela, Bolivarian Republic of?
- 28.0%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Pacific island small states and Venezuela, Bolivarian Republic of?
- 45 years are reported by both, from 1980 to 2024.
- How do Pacific island small states and Venezuela, Bolivarian Republic of rank globally for external balance on goods and services?
- Pacific island small states ranks 44th and Venezuela, Bolivarian Republic of ranks 43rd of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.